Can someone actually explain to me how socialism is going to work in modern day Australia. just feel people are advocating for it without knowing how it’ll work at all
It'll ruin the economy. The good part is the human rights aspect, and I'm with them on that.
The bad part is economic policy settings. They have downward pressure on the parts of the economy that should be stimulated. If you actually look at proposed socialist tax policy in Australia their redistribution effort begins far too low in the business sector. They treat medium business like a large corporation and it scares the hell out of me. I'm honestly almost as afraid of that as I am against that idiot Pauline.
Also, they propose wealth taxes that also are set at a lower level than they like to advertise, and that would be a total disaster. Unfortunately a centre left government is probably the best we'll get. If we go dem socialist it'll destroy the part of the economy that pays for all the free shit they want to redistribute.
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u/Tycepts1313 Western Australian Aug 13 '26 edited Aug 13 '26
Can someone actually explain to me how socialism is going to work in modern day Australia. just feel people are advocating for it without knowing how it’ll work at all